Dual-site dental practice in Essex sold to Dentex through Christie & Co
Acting on behalf of Andre Van der Merwe, specialist business property adviser, Christie & Co, has completed on the sale of a dual-site dental practice in Brentwood, Essex, to nationwide practice operator, Dentex.
Hutton Village Dental Practice has been providing NHS and private patient care for some 20 years and was initially operated from a single site in Hutton Village. Following a sustained period of growth in the early years, and in order to meet rising patient demand for dental services, a second nearby site on Coram Green was acquired in 2016. This second site was to primarily act as an NHS hub in the provision of enhanced NHS dentistry including routine dentistry, orthodontics, referral services for minor oral surgery and conscious sedation.
Private dental procedures offered at the practice comprise family-based preventative, cosmetic and restorative dentistry, as well as orthodontics (including aligners), minor oral surgery, enhanced periodontics, advanced implant treatments including sinus lifts and block bone grafts, and in addition to referral and in-house conscious sedation services. The practice is recognised for its high quality and empathetic approach to patient care.
Previous owner, Andre Van der Merwe, comments, “Deciding to sell the practice was a significant step for me and having the right broker to act in my interests was of paramount importance. Following initial dialogue with Simon and Steve at Christie & Co, it was clear that they not only had an extensive knowledge of the market, but a wish to understand what we were seeking to realise from a sale to ensure the best possible ‘fit’ for the wider team, the clinical services we offer and of course, our patients. I very much look forward to the next phase in my career and to the continued growth and development of the practice, in partnership with Dentex.”
The dual-site, eleven-surgery opportunity has been purchased by the highly acquisitive national dental group, Dentex, taking their ownership through 75 predominantly private led practices.
Speaking on behalf of the company, Director of Partnership and Acquisitions, Oliver Snowden, comments, “We’re delighted to have completed the purchase of Hutton Village Dental Practice and look forward to welcoming Andre as a Dentex Partner, as well as the whole team, into the wider Dentex family. 2020 was an extremely tough time for all businesses, but we have been amazed at the resilience shown by our practice teams and the dental sector as a whole. We have big plans for a significant number of further acquisitions in the next few months and the rest of 2021. Thank you to everyone involved in getting this deal done.”
Steve Darbon, Director at Christie & Co, who handled the sale alongside Simon Hughes, Managing Director - Medical, comments, “It was a pleasure working with Andre and Petro in the sale of Hutton Village and Coram Green Dental Practices. This sale represents the continued demand for quality dental opportunities which are delivering sustainable dental services across the NHS and private segments.
“The sale was agreed in August 2020, so is a positive reflection of the continuing market sentiment for dentistry, despite the current challenges, and re-affirms that the sector continues to offer fantastic opportunities for investment. We would like to congratulate Dentex on its latest acquisition and have no doubt that the future partnership will prove to be highly successful as Andre enters the next chapter in his dental career.”
The sale completed for an undisclosed sum.
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